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<p>The charge on disguised remuneration (DR) loans is targeted at artificial tax avoidance
schemes where earnings were paid via a third party in the form of ‘loans’ which in
reality were never repaid.</p><p> </p><p>DR scheme users took home almost all of their
pay tax-free. However, despite the claims made by promoters, these schemes never worked
and the amounts paid were always taxable under the law at the time.</p><p> </p><p>The
Government has decided that the charge on DR loans is the right way to ensure that
everybody pays the taxes they owe and contributes towards the public-funded services
from which they benefit.</p><p> </p><p>Restricting the charge only to DR loans entered
into after Finance Act 2017 received Royal Assent would not be fair to ordinary taxpayers,
who have always paid the right amount of tax and have not engaged in tax avoidance
schemes.</p>